Australian, NZ Dollars Drop As Risk Sentiment Sours
29 Décembre 2022 - 09:35AM
RTTF2
The Australian and NZ dollars weakened against their major
counterparts in the European session on Thursday, as rising
coronavirus infections in China triggered worries about the
economic growth.
Several countries including the United States, Japan, Italy
Taiwan and India have imposed new restrictions mandating COVID-19
tests for passengers arriving from China.
Investors also weighed the likelihood of a U.S. recession in
2023 due to the Fed's aggressive policy tightening to tame
inflation.
U.S. weekly jobless claims data due later today could offer more
clues about the strength of the labor market.
Oil prices tumbled, with WTI crude futures down by 1.46 percent
at $77.81.
The aussie declined to 3-day lows of 0.6711 against the
greenback and 1.5850 against the euro, from its early highs of
0.6756 and 1.5728, respectively. If the aussie drops further, 0.64
and 1.61 are possibly seen as its next support levels against the
greenback and the euro, respectively.
The aussie dropped to 89.78 against the yen and 0.9119 against
the loonie, after rising to 90.60 and 0.9181, respectively in early
deals. Next key support for the aussie is seen around 88.00 against
the yen and 0.89 against the loonie.
The aussie fell back to 1.0634 against the kiwi, on track to
pierce an 8-day low of 1.0623 seen at 2 am ET. On the downside,
1.03 is likely seen as the next support level for the aussie.
The kiwi retreated to 0.6298 against the greenback and 1.6900
against the euro, down from an early high of 0.6348 and an 8-day
high of 1.6731, respectively. The kiwi is poised to find support
around 0.60 against the greenback and 1.71 against the euro.
Extending early decline, the kiwi fell to 84.20 against the yen.
Next immediate support for the currency is seen around the 82.00
level.
Looking ahead, U.S. weekly jobless claims for the week ended
December 24 will be published in the New York session.
AUD vs CAD (FX:AUDCAD)
Graphique Historique de la Devise
De Nov 2023 à Déc 2023
AUD vs CAD (FX:AUDCAD)
Graphique Historique de la Devise
De Déc 2022 à Déc 2023